3, OAK CLOSE, MADLEY, HEREFORD, HR2 9QZ - £337,000

3 OAK CLOSE is a midsized detached house of 141m². It was last sold for £337,000 in February 2021, which was around 10% below the average February 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was B.

3 OAK CLOSE Sold Prices

Land registry data shows two sales for 3 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 3 OAK CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 12 FEB	£337,000	£372,882	10% below HPI
2016 5 DEC	£288,000	£308,651	7% below HPI

3 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 3 OAK CLOSE sales from December 2016 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 OAK CLOSE?

3 OAK CLOSE is 141m² according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Madley, based on EPC data. The below chart shows the distribution of detached houses by size in Madley, and where 3 OAK CLOSE lies on this distribution: 55% of detached houses are smaller than 3 OAK CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Madley.

3 OAK CLOSE: Plot and Title Map

3 OAK CLOSE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 3 OAK CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 OAK CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 OAK CLOSE?

3 OAK CLOSE is located in MADLEY, in the HR2 postcode district. The below map shows the position of No. 3 on OAK CLOSE.